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the increasing of taxes and the sequester, the across-the-board tax cuts that would affect both the pentagon and domestic programs. joining me now with an update, a re-set, if you will, chief congressional correspondent mike emanuel. mike? >> bret, good evening, once again. it has been an interesting day up here on capitol hill after that wide bipartisan vote in the united states senate we instantly heard grumblings this morning from house republicans who said they wanted to take time to read the bill. after they read the bill they did not like what they saw. they said where are the spending cuts. raise taxes $41 for are every dollar or so that we are going to save money. that didn't add up for them and so house republican leadership spent a whole lot of time today, two different meetings behind closed doors with the rank and file allowing the rank and file to vent about the deal and talk about a way toward. they talked about the possibility of doing an amendment eceptionly to try -- essentially to try to tack on spending cuts on to the existing bill and then send it back to the united state
the increasing of taxes and the sequester, the across-the-board tax cuts that would affect both the pentagon and domestic programs. joining me now with an update, a re-set, if you will, chief congressional correspondent mike emanuel. mike? >> bret, good evening, once again. it has been an interesting day up here on capitol hill after that wide bipartisan vote in the united states senate we instantly heard grumblings this morning from house republicans who said they wanted to take time to...
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as far as the automatic spending cuts it would have especially hit the pentagon those have been delayed for at least two months. so it's something that they are going to have to tackle again. the other big problem what it does to the deficit more than 4 trillion of added debt that had a -- had many republicans voting against it. >> that is going to be huge debate over raising the nation's debt ceiling the president will push for an automatic increase in that. they will want to extract something in the way of spending cuts. we have been through this before. because republicans didn't get much of anything in spending cuts and the deal last night they will look for big ones in the debt ceiling negotiation. >> we hit the december ceiling november 21st but they put in emergency measures. what can you tell us about those measures? >> we know there are accounting gimmicks they can use to extend this. they can buy maybe a couple a month. they can negotiate the deal the president wanted to have some kind af debt ceiling raised as part of the agreement. this was kicked down the road. it is someth
as far as the automatic spending cuts it would have especially hit the pentagon those have been delayed for at least two months. so it's something that they are going to have to tackle again. the other big problem what it does to the deficit more than 4 trillion of added debt that had a -- had many republicans voting against it. >> that is going to be huge debate over raising the nation's debt ceiling the president will push for an automatic increase in that. they will want to extract...
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issues, like for instance the see questions sister that would cut half a bill kwroepb dollars from pentagon spending. the investment community seems to like it, the dow up 219 points. we'll keep and eye on it. >> reporter: the control room a brand-new hour straight ahead for ou. as you saw the markets enjoying the deal hashed out last night, lawmakers steering us away from the fiscal cliff but no shortage of road blocks on the horizon. what it all means, what is next for taxpayers, 77% of whom will see their taxes go up now. some of taxes tied to obama care new portions of the law kicking in on january 1st, a live report on who is paying more and for what. wait until you hear about a brand-new lawsuit that is being filed by a convicted killer who says the beer made me do it. he says the beer makers should have warned him that he'd become addicted and would go on to lead a life of crime. really? all of that and breaking news in the second hour of "happening now" now starts right now. jon: hi noon here on the east coast, there is new fallout from the fiscal cliff deal with tax times ahead. i'
issues, like for instance the see questions sister that would cut half a bill kwroepb dollars from pentagon spending. the investment community seems to like it, the dow up 219 points. we'll keep and eye on it. >> reporter: the control room a brand-new hour straight ahead for ou. as you saw the markets enjoying the deal hashed out last night, lawmakers steering us away from the fiscal cliff but no shortage of road blocks on the horizon. what it all means, what is next for taxpayers, 77% of...
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and the pentagon has a problem the u.s. relies on drones to conduct warfare around the world now they've launched a sixteen million dollar effort to prevent high tech flying machines from being hacked so how serious of a problem is this for the u.s. drone program. it's wednesday january second happy new year five pm in washington d.c. i'm meghan lopez and you're watching r.t. . topping the news this hour well they've done it again in literally an eleventh hour deal the u.s. house of representatives passed a fiscal cliff budget deal that president obama is expected to sign into law so that's that crisis averted cue the confetti right well actually not even close the u.s. might have avoided an economic calamity in the short run but the future of the country is still as uncertain as it was before if not even more so let's take a look at the scorecard does the u.s. need its fiscal cliff deadline of midnight december thirty first to avoid financial repercussions nope despite the fact that congress had almost a year to act it mis
and the pentagon has a problem the u.s. relies on drones to conduct warfare around the world now they've launched a sixteen million dollar effort to prevent high tech flying machines from being hacked so how serious of a problem is this for the u.s. drone program. it's wednesday january second happy new year five pm in washington d.c. i'm meghan lopez and you're watching r.t. . topping the news this hour well they've done it again in literally an eleventh hour deal the u.s. house of...
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automatic across-the-board spending cuts to the pentagon and other agencies will be in up in months. and the debt ceiling deal will be reached in two months if congress does not act. jim moran is not confident working out a deal will be easy. >> just increasing the deficit by $3.90 trillion, which will now force us to dramatically street the size of government and that will have an adverse impact on the washington area. >> the president returns to hawaii, so it's not clear when he will sign the bill. brianne carter reporting. >> secretary of state hillary clinton continues to recover from public clocked at a new york hospital. she was last seen in public three weeks ago before she fainted and was fossilized with a concussion. doctors ran some scans which revealed the blood clots between her brain and her skull. the good news is they say there will likely be no long-lasting neurological damage. >> today is the first day back to school for the students of sandy hook elementary. there are attending open house at every purpose of building in monroe conn. will start class tomorrow. worker
automatic across-the-board spending cuts to the pentagon and other agencies will be in up in months. and the debt ceiling deal will be reached in two months if congress does not act. jim moran is not confident working out a deal will be easy. >> just increasing the deficit by $3.90 trillion, which will now force us to dramatically street the size of government and that will have an adverse impact on the washington area. >> the president returns to hawaii, so it's not clear when he...
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>> if i get the piece back, i think the pentagon will commute my sentence. i'll still be out of the department, but at least i go out vertically. help me get that component back. >> how do we do that? >> [sighs] i've got a thing in my bag. [unzipping bag] try the pocket of the blue oxford. there's a trigger mechanism on the bottom left-hand corner. precise non-functional replica of the component they tore me apart for. >> ok. it's a dummy prototype, a phony. now, what's it good for? >> good enough to get the real one back. good enough to prove my innocence. good enough to save my life. help me. safe deposit box for all the tainted loot of the orient, front for every curtain there is from bamboo to silk to iron. central distributing point. and its cover? export of everything from stove polish to tractors. mostly legitimate. and somewhere inside there, the weapons component, waiting to be transshipped. >> how do you know? >> tell him, kel. >> tell him what? >> tell him about how i've been around. tell him about all the stoolies and betrayers i know. i bought t
>> if i get the piece back, i think the pentagon will commute my sentence. i'll still be out of the department, but at least i go out vertically. help me get that component back. >> how do we do that? >> [sighs] i've got a thing in my bag. [unzipping bag] try the pocket of the blue oxford. there's a trigger mechanism on the bottom left-hand corner. precise non-functional replica of the component they tore me apart for. >> ok. it's a dummy prototype, a phony. now, what's...
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pentagon just signed two deals with lockheed martin worth almost $9 billion for the f-35. so what is vulnerable? >> i think that the things that will be impacted will be things like training, maintenance, services, those are the shorter lead time items that the dod will be able to control. >> so companies providing those to the service include caci. sai pch booz allen. in the meantime, they had a great year. bank of america merrill lynch says expect to bump short term guys. we are in defense spending which it says is the bottom for 34 years. >> if you just heard the comments from maxine waters you could expect more cuts as well. we go from guns to butter, so to speak. take a look at dean foods. stock is up more than 4% after that fiscal deal that averted a dairy cliff as well. also the potential doubling of milk prices. dean foods is up by 69 cents to 17.20 again. a gain of better than 4%. ty? >> becky, let's go up town and check in as nasdaq where we find seema mody following big movers there. hi, seema. >> hi, tyler. after congress averted the fiscal cliff, strong gains
pentagon just signed two deals with lockheed martin worth almost $9 billion for the f-35. so what is vulnerable? >> i think that the things that will be impacted will be things like training, maintenance, services, those are the shorter lead time items that the dod will be able to control. >> so companies providing those to the service include caci. sai pch booz allen. in the meantime, they had a great year. bank of america merrill lynch says expect to bump short term guys. we are...
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it only delays large cost the pentagon and other government programs. in march we may see another round of fighting. president says he hopes congress can get a deal done with a little less trauma. >> another blow in the effort to get aid areas -- aid to areas devastated by hurricane sandy. back on friday, the senate approved more than $60 billion measure to help recover is on the storm. house appropriations committee drafted a smaller $27 billion measure and the vote has been expected before congress's term ends thursday. >> secretary of state hillary clinton spent the first night of 2013 in a hospital, recovering from a blood clot. they are using blood thinners to break up the clots behind the right year. the plot-- the clot was discovered during a follow-up exam for concussions she sustained last month. it is not clear when she will leave the hospital. >> two men accused of brutally beating a d.c. man are back in court again today. they are scheduled to attend a status hearing. they faced aggravated assault and other charges and the connection with th
it only delays large cost the pentagon and other government programs. in march we may see another round of fighting. president says he hopes congress can get a deal done with a little less trauma. >> another blow in the effort to get aid areas -- aid to areas devastated by hurricane sandy. back on friday, the senate approved more than $60 billion measure to help recover is on the storm. house appropriations committee drafted a smaller $27 billion measure and the vote has been expected...
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the government will reach its limit on borrowing, not to mention the bill delays larjts cuts to the pentagon and other government programs. >> reporter: so in march we may see another round of fighting. president obama says he hopes congress can reach an agreement with a little less drama. >> katie: what are the chances that republicans go along with raising the debt ceiling? >> we've seen there fight before. republicans will probably have to go along with it because the country will reach its borrowing limit, but republicans see it as bargaining tool. they wanted deeper spending cuts and deficit reduction and probably end up getting it. >> katie: thank you. today one of suspects in a murder of former winery owner at his mansion will be in court, 21-year-old javier garcia will be arraigned and 23-year-old man should be in court and lou cast anderson was already arraigned and one other was booked as an accessory in the death of his mansion during a home invasion in november. our media partner says they portray him as a ruthless businessman accused of hiding millions of dollars of assets from
the government will reach its limit on borrowing, not to mention the bill delays larjts cuts to the pentagon and other government programs. >> reporter: so in march we may see another round of fighting. president obama says he hopes congress can reach an agreement with a little less drama. >> katie: what are the chances that republicans go along with raising the debt ceiling? >> we've seen there fight before. republicans will probably have to go along with it because the...
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>> do you see any room in the pentagon budget for cuts? >> oh, yes, absolutely. look, serious conservatives need to make it very clear that taxpayers, republicans, conservatives are looking at the entire budget and saying where can we be more efficient and more effective? we have a rather large pentagon budget, larger than most of the other counties in the world that have armies, navies and air forces all added together. >> right, combined. >> and we should have a strong military. we've got to keep the canadians on their side of the border. we ought to make sure that nobody can throw a punch at us successfully, but to argue that we can't reform some of the pension questions and some of the contracting decisions that are made -- and the good news is the republican caucus, the conservative caucus among republicans, the republican study leader jim jordan made the comment that while he was concerned about how the sequester might affect defense, he was more concerned that those cuts might not take place. that was part of the strong america is not to have this massive
>> do you see any room in the pentagon budget for cuts? >> oh, yes, absolutely. look, serious conservatives need to make it very clear that taxpayers, republicans, conservatives are looking at the entire budget and saying where can we be more efficient and more effective? we have a rather large pentagon budget, larger than most of the other counties in the world that have armies, navies and air forces all added together. >> right, combined. >> and we should have a strong...
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mimics or by the columns, the external of the building where they want to open up that part would be pentagonal and you can build on top of it, an upper altar with that type of architect and you can have a walkway over the top, but the porn part -- important part is sto have the external structures stabilize to the seismic retrofit. if you look at it that way, you retain the elegance of the high [inaudible] and you also keep the work that's already in progress. i'd like to see it more incorporated into it and if they want to do a palace, that's what the marina green is for. >> thank you. >> paul? >> good morning, my name is paul manning, i'm a vice chairman of the harbor tenant's association and i was also part of the advisory commitment with the early stages of getting the renovation completed or planned and moving forward, i'm happy to see it has come forward in quite a good way, i'm getting close to the point where it's almost done, we're about to declare it complete, however, there are a number of security issues that are not addressed in the internal plan allowing people to basically freel
mimics or by the columns, the external of the building where they want to open up that part would be pentagonal and you can build on top of it, an upper altar with that type of architect and you can have a walkway over the top, but the porn part -- important part is sto have the external structures stabilize to the seismic retrofit. if you look at it that way, you retain the elegance of the high [inaudible] and you also keep the work that's already in progress. i'd like to see it more...
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chris lawrence joining us from the pentagon. >>> breaking news now. fault lines on the fiscal cliff. tonight, there is a growing divide among republicans over the deal that was overwhelmingly approved, 88 to 9 votes by the senate early this morning. cnn has just learned from two house gop aides that house republicans are considering an amendment which would add $300 billion in spending cuts to the senate's plan. this is how this is going to work. the house leadership, gop leadership, is going -- right now they are doing something called whipping. they are going to see whether they have the 217 votes necessary to pass the legislation with the amendment. then it would have to go back to the senate for reconsideration. the senate has gone home so i don't know whether that means they are going to come back and deal with it but if they were to change it, there would not be passage of this bill tonight. markets would open tomorrow morning and the u.s. will have gone over the cliff. remember, we are also getting a brand new congress tomorrow. now, option two
chris lawrence joining us from the pentagon. >>> breaking news now. fault lines on the fiscal cliff. tonight, there is a growing divide among republicans over the deal that was overwhelmingly approved, 88 to 9 votes by the senate early this morning. cnn has just learned from two house gop aides that house republicans are considering an amendment which would add $300 billion in spending cuts to the senate's plan. this is how this is going to work. the house leadership, gop leadership,...
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not to mention, the bill only delays large cuts to the pentagon and other government programs. so, in march, we may see another round of fighting. president obama says he hopes congress can strike a deal with a little less drama. paula and john? >> don't count on it. >> let's hope so. round two of the spending cuts. what are the chances that republicans go along with raising the debt ceiling? i know they believe maybe they have a little leverage now? >> reporter: i feel like we've seen this movie before. republicans are going to have to vote for raising the debt ceiling. but they want deeper spending cuts and deficit reduction. and they'll probably get it. but it could be another ugly fight in two months. >> it's interesting that john boehner and paul ryan voted in favor yesterday, as well. interesting dynamic there. tahman bradley in washington. thank you, tahman. >>> and new york lawmakers are furious this morning after the house ditched a vote on billions of dollars of aide for victims of hurricane sandy. house gop leaders decided to wait for the new session of congress befo
not to mention, the bill only delays large cuts to the pentagon and other government programs. so, in march, we may see another round of fighting. president obama says he hopes congress can strike a deal with a little less drama. paula and john? >> don't count on it. >> let's hope so. round two of the spending cuts. what are the chances that republicans go along with raising the debt ceiling? i know they believe maybe they have a little leverage now? >> reporter: i feel like...
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the bill delays large cuts to the pentagon and other government programs. now although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress can try to take credit for retroactive tax cuts. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back into a recession. >> reporter: now the president praised the deal and quickly took off for a hawaiian vacation. now in march, another round of fighting as congress tackles the debt ceiling. reporting live, sherrie johnson. >> after this happened maryland congressman andy harris released a statement in part reading, i oppose this legislation that increases taxes on 77% of people in my district. and here's why congressman harris says the deal actually raises taxes on most americans. that deal prevented an increase on income taxes but you will have to pay more coming out of your paycheck. that's because this deal didn't extend to the payroll tax holiday which means
the bill delays large cuts to the pentagon and other government programs. now although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress can try to take credit for retroactive tax cuts. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back into a recession. >> reporter: now the president praised the deal and quickly took...
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we're talking $109 billion worth of across the board cuts to the budget of the pentagon and the number of domestic agencies. >> we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects our middle class, provides ladders into the middle class for everybody who is willing to washing hard. >> despite this bill, your paycheck is a little smaller because a temporary cut in payroll tax expired. the social security will jump back to 6.2% for 160 million americans. it had been 4.2%. some banks say that could cut consumer spending this year. that's less than the 115 to $125 billion in revenue it cost the government each yoor. at the live desk, angie goff, news 4. >>> angie, thank you for that. >>> new york area lawmakers from both parties are furious with house republican leaders. they are angry the current congressional term will end without a vote on aid for victims of hurricane sandy. a house committee drafted a measure to allocate $27 billion for recovery efforts. speaker john boehner says the house won't vote on it befo
we're talking $109 billion worth of across the board cuts to the budget of the pentagon and the number of domestic agencies. >> we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects our middle class, provides ladders into the middle class for everybody who is willing to washing hard. >> despite this bill, your paycheck is a little smaller because a temporary cut in payroll tax expired. the social security will...
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bill only delays large cuts to the pentagon and other government programs. although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress can try to take credit for retroactive tax cuts. >> it's a very, very strong first step. >> this is an important one. that is critical one for the future of the country. >> reporter: so in march another round of fighting as congress tackles the debt ceiling. sherrie johnson, abc2 news. >>> immediately after commenting on the house vote the president headed to andrews air force base in maryland and this is new video from overnight where he boarded the plane to fly to hawaii to rejoin his family. obama spent five days there before returning to the white house last thursday. >>> changes are coming to the health care for the coming year of 2013 the main is health insurance exchanges. they must be up and running by october 1st. only 18 states including maryland on thed to build their exchange. other things you need to watch out for, contributions to a flexible spendin
bill only delays large cuts to the pentagon and other government programs. although congress missed the january 1st midnight deadline by-passing the compromise deal in the house and senate, congress can try to take credit for retroactive tax cuts. >> it's a very, very strong first step. >> this is an important one. that is critical one for the future of the country. >> reporter: so in march another round of fighting as congress tackles the debt ceiling. sherrie johnson, abc2...
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not to mention the bill delays large cuts to the pentagon and other government programs. so in march we may see another round of fighting. president obama says he hopes congress can get a deal done with a little less drama. abc news, washington. >> not all law makers are satisfied with the new fiscal cliff idea. andy harris is one republican who voted against it. released a statement reading, ioppose the legislation increase being tax on 77% of my people in my district. harris goes onto say the bill is business as usual in washington doing nothing to deal with the 16.4 trillion dollar debt. >>> so when harris says it will raise taxes on 77% of americans he is talking about the end of the pay he roll tax holiday. basically what it means is the amount taken out of your paycheck for social security will go up 2%. for most americans that means we will pay a thousand dollars more in tax this is year than last. >>> this morning secretary of state hillary clinton is in the hospital recovering from a potentially serious blood clot. >> doctors treated her yesterday with blood thin
not to mention the bill delays large cuts to the pentagon and other government programs. so in march we may see another round of fighting. president obama says he hopes congress can get a deal done with a little less drama. abc news, washington. >> not all law makers are satisfied with the new fiscal cliff idea. andy harris is one republican who voted against it. released a statement reading, ioppose the legislation increase being tax on 77% of my people in my district. harris goes onto...
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unfortunately, members of the pentagon said this was always the deception deception being done by bin laden to take everyone's eyes off of saddam hussein. after the attack, they got very aggressive in terms of policies they decided it took on. what you see in this book is what went into the decisions, how fast they were victims sometimes how badly they were made, but also some of them came out clearly the rate decisions. >> curt akin won't come to use the her secrets and lies. was fun until the lies he found? >> there are quite so many. when you get right down to it, some had to do the simple things such as the knowledge they had within the government about the connections between al qaeda and saddam hussein. one of the most surprising things to me was there as a defense intelligence agency report, a classified report that came out in 2002, that specifically said our intelligence on weapons of mass destruction is terrible. we can't establish any of the things were saying to the public and a quote from that document pretty extensively. so that was disturbing on the level that it really
unfortunately, members of the pentagon said this was always the deception deception being done by bin laden to take everyone's eyes off of saddam hussein. after the attack, they got very aggressive in terms of policies they decided it took on. what you see in this book is what went into the decisions, how fast they were victims sometimes how badly they were made, but also some of them came out clearly the rate decisions. >> curt akin won't come to use the her secrets and lies. was fun...
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imposed a domain as a pentagon domain on africa before africa was just left out in the water because it didn't matter much to anybody but now that you know after libya there's been more. al-qaeda so-called you know so-called al-qaeda activity and however small this is and however localized it is because not a direct threat to the united states the united states has said oh we're going to get more involved so we're involved in mali were involved in nigeria were involved in uganda in sort of east african area were involved in somalia and these are all of which serious dangerous trends that we're seeing because most of it's done in secret most of it's done with sort of special ops and drones the american people don't know about it and it could end up very very very poorly for a lot of innocent people in africa i was thinking with foreign policy will do you think china now is america's number one enemy after what we saw in the election i don't know of enemy i think. well america always needs an enemy america always has an enemy ok so is this the new one. well you well yet we do we need s
imposed a domain as a pentagon domain on africa before africa was just left out in the water because it didn't matter much to anybody but now that you know after libya there's been more. al-qaeda so-called you know so-called al-qaeda activity and however small this is and however localized it is because not a direct threat to the united states the united states has said oh we're going to get more involved so we're involved in mali were involved in nigeria were involved in uganda in sort of east...
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the pentagon has already drafted notices to 800,000 civilian employees warning they may be put on unpaid leave. and those tax increases triggered today will start to hit our paychecks this week. the average family, seeing a tax increase of almost $3,500. there is intense pressure on house republican leaders to resolve this before the stock market opens tomorrow morning. they are hearing from business leaders. they are also hearing from senate republicans, saying that the cost of failure on this, david, would just be too high. >> would love to be on some of those phone calls from wall street, jon, thank you. and as you point out, wall street does open tomorrow morning, and after a week straight of losses already, nervous investors leading up to the fiscal cliff, the average 401(k) losing 3,000 to $4,000 in this country. abc's bianna golodryga with the story of just one family and the huge tax increase, if congress doesn't figure this out. >> reporter: until there's an agreement, this what the martins from raytown, missouri, like so many middle class american families, face. a hefty spike
the pentagon has already drafted notices to 800,000 civilian employees warning they may be put on unpaid leave. and those tax increases triggered today will start to hit our paychecks this week. the average family, seeing a tax increase of almost $3,500. there is intense pressure on house republican leaders to resolve this before the stock market opens tomorrow morning. they are hearing from business leaders. they are also hearing from senate republicans, saying that the cost of failure on...
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an automatic, across-the-board cuts to the pentagon and other agencies, are only to be delayed for two months, setting up another from fiscal cliff on march 1st. congress has adjourned. and late last night, after midnight, the president left for hawaii to meet with his family. and hopefully, he thinks for a few days' vacation. >> you mentioned the breathing per feelings got raw at the last minute. >> reporter: it got really nasty. politico first reported on friday when the congressional leaders met here at the white house, speaker of the house john boehner told the democratic leader, harry reid, off, use uhhing language i can't use here on "good morning america." >> you can't even paraphrase. >>> let's look at what the deal means to you at home. lots of paycheck changes right now. and bianna golodryga is at the smart screen to break it down. about 99% of americans protected from an increase. but most workers will take a hit. >> payroll taxes going up. this affects everyone making $110,000 or less. so, this year, anyone making $110,000 will pay an extra $2,200 in taxes. people making $5
an automatic, across-the-board cuts to the pentagon and other agencies, are only to be delayed for two months, setting up another from fiscal cliff on march 1st. congress has adjourned. and late last night, after midnight, the president left for hawaii to meet with his family. and hopefully, he thinks for a few days' vacation. >> you mentioned the breathing per feelings got raw at the last minute. >> reporter: it got really nasty. politico first reported on friday when the...
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the pentagon sponsored a float that was a replica of the korean war memorial in washington, d.c. six veterans of the war were aboard. there was also a reunion. a soldier just back from thghanistan surprised his wife and son. ehey'd won a contest to attend, but had no idea he'd be marching. how asians are bringing big changes to one texas city. next. city. next. . i know it's been a difficult time since your mom passed away. yeah. i miss her a lot, but i'm okay. wow. that was fast. this is the check i've been waiting for. mom had a guaranteed acceptance life insurance policy through the colonial penn program, and this will really help with the cost of her final expenses. is it affordable? it costs less than 35 cents a day-- that's pretty affordable, huh? that's less than the cost of a postage stamp. so, you said it was guaranteed acceptance? yes. it's for people ages 50 to 85. there's no medical exam or health questions. you can't be turned down because of your health. it fit right into mom's budget and gave her added peace of mind. you should give them a call. man: are you betwee
the pentagon sponsored a float that was a replica of the korean war memorial in washington, d.c. six veterans of the war were aboard. there was also a reunion. a soldier just back from thghanistan surprised his wife and son. ehey'd won a contest to attend, but had no idea he'd be marching. how asians are bringing big changes to one texas city. next. city. next. . i know it's been a difficult time since your mom passed away. yeah. i miss her a lot, but i'm okay. wow. that was fast. this is the...
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government will reach its limit on borrowing and not to mention the bill only delays large cuts to the pentagon and other government programs. >> so in march, we may see another round of fighting. president obama says he hopes congress can get a deal done with a little less drama. >> today is your last chance to visit the san francisco institution and best part, it is free. exploratorium has out grown its home. after today the exhibits will be packed up and moved to pier 15 on the embarcadero just right across from the abc7 studios. the exploratorium that opened in 1969 was one of first hands on science museums in the country. >>> cardinals have won the rose bowl for the first time in 40 years. they beat the badgers and running back taylor scored two touchdowns. stanford ends the season at 12-2 and victory helps the mayor win a friendly wager with the mayor of madison, wisconsin. he will have to wear a stanford cap at an upcoming city council meeting for a day and planted a tree in honor of the cardinals. wow! >> today, san jose valley christian high school band returns home after performing in
government will reach its limit on borrowing and not to mention the bill only delays large cuts to the pentagon and other government programs. >> so in march, we may see another round of fighting. president obama says he hopes congress can get a deal done with a little less drama. >> today is your last chance to visit the san francisco institution and best part, it is free. exploratorium has out grown its home. after today the exhibits will be packed up and moved to pier 15 on the...
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will reach the limit on borrowing unless congress acts, not to mention it delays large cuts to the pentagon and other programs. >> so in march we may see another round of fighting. president obama says he hopes congress can strike a deal with a little less drama. >>> some dramatic temperature readings this morning. are you feeling it? we are in the mid 20s. >> it's very dramatic to me. >> what is going on. >> good morning. as we get down to 28 in livermore and 29 in fairfield. and 27 in santa rosa. it's colder and that is what we're talking about. 30 in concord and napa and freezing in redwood city and getting close in mountain view and san jose at 34. 36 at antioch. 34 at san rafael. low 40s east bayshore. mid 40s around san francisco. 44 at half moon bay. we do have a small slight wind so it does feel about one to three degrees cooler in some areas when you are outside this morning. let's talk about the chilled sunshine. it will joined with a few high clouds, upper 40s for lunchtime temperatures. low to mid 50s as we head through the afternoon and back in the upper 30s to mid 40s by 7:00.
will reach the limit on borrowing unless congress acts, not to mention it delays large cuts to the pentagon and other programs. >> so in march we may see another round of fighting. president obama says he hopes congress can strike a deal with a little less drama. >>> some dramatic temperature readings this morning. are you feeling it? we are in the mid 20s. >> it's very dramatic to me. >> what is going on. >> good morning. as we get down to 28 in livermore and...
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reporting on the war but doing s as we do in washington from the comfort of the north lawn reporting on the pentagon and the white house and the troops upsurge numbers and how is became a project that's really became attached to. lou: you focus on this particular battle, you talk with nearly 225 individuals. how long did that take? >> they range from generals, private, widows, couple of insurgents, one of whom i interviewed by skype. it was a big project that every time i thought i wasev done, tak to smitty, i mean ultimaty i just had to stop because there was never going to be a time where i had talked to everybody. lou: you are pursuing one of the toughest explanations, that is how those men can be caught ate that outpost and be the target to be outnumbered so outrageously and incapable of being protected. this is how it staed. how is in hospita in the hospity newborn son, jack. he was a day-old, out of the corner of my eye i saw the story about the outpost and never heard of combat outpost. coverage along the lines of what would anybody put outpost there? it became a mystery that i needed to solv
reporting on the war but doing s as we do in washington from the comfort of the north lawn reporting on the pentagon and the white house and the troops upsurge numbers and how is became a project that's really became attached to. lou: you focus on this particular battle, you talk with nearly 225 individuals. how long did that take? >> they range from generals, private, widows, couple of insurgents, one of whom i interviewed by skype. it was a big project that every time i thought i wasev...
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bothers me is that there are, this idea that we'll have a quadrennial review, a 4-year plan just like the pentagon. i don't know that is the best model to work on. gerri: i have to ask you about b today. >> sure. gerri: because there's big news coming from bp. the federal government says you're disqualified from winning new contracts. here's bp statement. suspension that is due to bp's lack of business integrity as dep straighted by the company's conduct with regard to the deepwater horizon blowout explosion, oil ill and response. now thetock did not really get hit today. what is your estimate what this means? >> i think it will be a temporary move. i think the obama administration again is wanting to show, hold up bp, that we're punishing them this is enormous company. it is one of the biggest oil and gas producers in the u.s.. gerri: doesn't it matter if it loses contracts from the u.s.? >> ty have a lot of contracts already. so those contracts don't go away. there is enonly on new contracts. it is important but i think is a temporary deal. gerri: robert, you must come back and sit on the set ag
bothers me is that there are, this idea that we'll have a quadrennial review, a 4-year plan just like the pentagon. i don't know that is the best model to work on. gerri: i have to ask you about b today. >> sure. gerri: because there's big news coming from bp. the federal government says you're disqualified from winning new contracts. here's bp statement. suspension that is due to bp's lack of business integrity as dep straighted by the company's conduct with regard to the deepwater...
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the deal delays pending cuts to the pentagon for another two months kicking the issue of sequestration down the road. it's not a perfect bill but the timing was crucial as a new congress is set to be sworn in on thursday. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back into recession and obviously had a severe impact on families all across america. >>> now, while the tax package passed will protect 98% of americans from income tax increases, most of you will still end up paying more in federal. that's because a temporary cut in the social security payroll tax just expired. at the live desk, angie goff, news 4. >>> 5:03 now. markets are reacting positively to the fiscal cliff vote. stocks are up 2%. european stocks are also up right now. this congressional term will end without the house voting on a bill to help victims of sandy. new york area lawmakers from both party are furious over house republicans leaders decision not
the deal delays pending cuts to the pentagon for another two months kicking the issue of sequestration down the road. it's not a perfect bill but the timing was crucial as a new congress is set to be sworn in on thursday. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back into recession and obviously had a severe impact on...
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the bill also delays automatic cuts to the pentagon and domestic programs for two months. and 2 million unemployed americans will continue to receive jobless benefits for at least another year. the congressional budget office estimates the bill will add nearly $4 trillion to the deficit over the next ten years, largely to pay for keeping the bush tax rates in place for most americans. house republicans complained loudly before that vote last night, that there were no spending cuts in this deal. >> well, i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve, produced by a bunch of sleep-deprived octogenarians is what we should adopt within 48 hours. >> speaker john boehner voted for the deal, breaking the republican leaders eric cantor of virginia and kevin mccarthy of california who voted against. paul ryan joined speaker boehner, voting for the bill. after the vote, president obama tried to set the terms for the fiscal fights ahead in a rare late-night appearance with joe biden by his side in the briefing room. >> t
the bill also delays automatic cuts to the pentagon and domestic programs for two months. and 2 million unemployed americans will continue to receive jobless benefits for at least another year. the congressional budget office estimates the bill will add nearly $4 trillion to the deficit over the next ten years, largely to pay for keeping the bush tax rates in place for most americans. house republicans complained loudly before that vote last night, that there were no spending cuts in this deal....
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enough people are concerned about how often she's around the president's offs they transfer her to the pentagon, she meets a new best friend named linda tripp and linda tripp tape records every damn conversation and that is all down. and guess what? linda tripp is in cabbing with a bunch of right-wing people to get the information directly to ken star and we get the paula jones trial, and bill clinton is asked to testify, and bill clinton is asked the question did you ever have sex with a woman named monica? and he said no, i never did. no, i never did, clinton claims he was telling the truth because from his point of view sex is intercourse. regardless, the scandal breaks. scandal breaks. bill tells hillary clinton it's breaking and he said i didn't have sex with her. i tried to do whey could help her. and hillary stands by him 100%. first of all, she doesn't believe it. given the surveillance in the white house she doesn't think it's possible. she believes that the marital therapy they had done in '89, '90 '91 had been sufficient to restore the relationship. bill is very insecure that the poi
enough people are concerned about how often she's around the president's offs they transfer her to the pentagon, she meets a new best friend named linda tripp and linda tripp tape records every damn conversation and that is all down. and guess what? linda tripp is in cabbing with a bunch of right-wing people to get the information directly to ken star and we get the paula jones trial, and bill clinton is asked to testify, and bill clinton is asked the question did you ever have sex with a woman...
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the senate measure delays mandatory pentagon and domestic spenng cuts by two months. as the house convened at midday, a number of republican congressmen complained the bill is still too heavy on tax hikes and too light on spending cuts. ohio's steve la tourette dismissed it as a "package put together by a bunch of sleep- deprived octogenarians on new year's eve." and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the ameran people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy, our debt and a myriad of other issues. >> woodruff: but tennessee democrat steve cohen warned about the consequences of not taking the senate deal. >> my district can't afford to wait a few days and have the stock market go down 300 points tomorrow if we don't get together and do something. >> woodruff: later house democratic leaders emerged from a nearly three-hour meeting with vice president biden, who helped broker the senate deal. minority leader nancy
the senate measure delays mandatory pentagon and domestic spenng cuts by two months. as the house convened at midday, a number of republican congressmen complained the bill is still too heavy on tax hikes and too light on spending cuts. ohio's steve la tourette dismissed it as a "package put together by a bunch of sleep- deprived octogenarians on new year's eve." and the alabama representative said the house needs more time. >> the house must postpone this vote until congress...
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the pentagon's got to be part of that, and health care, this is where it's tough for the democrats. health care has to be part of this. that's not medicare benefit cuts. there's a lot of things we can do to deal with the high cost of health care in this country that goes up two or three times the rate of inflation, so having prescription drug price negotiations, that would save $160 billion, moving away from fee for service to more of a performance based system, things that we can make progress on that allow the american people to have access to health care but have it be affordable and sustainable but that's tough. >> all of the low hanging fruit is gone. if it were easy to do congress would have done it by now. >> that's right. >> so -- go ahead. >> it's true. the things that lay ahead that are really a challenge, largely is health care because that cost in the whole economy not just medicare is going up faster than we can afford. that's really the bottom line so how do we reform our health care system and bring the cost in line so it's sustainable? those are very difficult issues
the pentagon's got to be part of that, and health care, this is where it's tough for the democrats. health care has to be part of this. that's not medicare benefit cuts. there's a lot of things we can do to deal with the high cost of health care in this country that goes up two or three times the rate of inflation, so having prescription drug price negotiations, that would save $160 billion, moving away from fee for service to more of a performance based system, things that we can make progress...
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. >> a pentagon report this past summer found that iran's ballistic missiles were becoming more accurate, versatile and more deadly than ever. for years u.s. intelligence officials circled the year 2015. they believe by then iran could test an intercontinental ballistic missile with a range of 3500 miles. >> this gives them the ability it to attack a new european countries, which giving them a degree of political influence in a crisis they might not otherwise have. >> the latest intelligence report from congress was just released in the last few weeks. it reassesses that estimate and concludes iran is not likely to test an icbm in the nix years. >> we're joined by chris lawrence in washington. chris, first of all, why the change? why is that? >> well, suzanne, basically the report says that economic sanctions are making it harder and harder for iran to get the necessary components and materials. it also shows that the iranians are not getting the help they need from russia and china, whose support has be dropping over the past ten years. remember, there's a big difference between having
. >> a pentagon report this past summer found that iran's ballistic missiles were becoming more accurate, versatile and more deadly than ever. for years u.s. intelligence officials circled the year 2015. they believe by then iran could test an intercontinental ballistic missile with a range of 3500 miles. >> this gives them the ability it to attack a new european countries, which giving them a degree of political influence in a crisis they might not otherwise have. >> the...